Vince McMahon Elected Chairman of the WWE Board of Directors

2023 began with many surprises in WWE. And the same, continue. On the afternoon of today, January 10, 2023, Stephanie McMahon announced his resignation from WWE as WWE President and Co-CEOwhile announcing his departure from the company.

Later, it was learned that Nick Khan was the sole Executive Director of WWE and that Triple H He was going to continue as Director of Creative Content for WWE, despite the resignation of his wife Stephanie. But, now, it has been possible to know an even bigger bombshell.

Vince McMahon en WWE / WWE

► Vince McMahon regresa a WWE

Vince McMahon was unanimously elected by the entire remainder of the WWE Board of Directors as the new Chairman of the WWE Board of Directors. Which indicates that he is once again the President of WWE and every decision will go through him, although, Supposedly, Hunter would continue to have full control of the company’s creative direction. WWE has confirmed this through a press release that says the following:

“STAMFORD, Connecticut – WWE announced today that its Board of Directors unanimously elected Vince McMahon as Executive Chairman of the Board. Stephanie McMahon stepped down from her duties as President and Co-CEO. Nick Khan will serve as CEO of WWE.

“Vince McMahon: ‘First, I would like to express my full support for Stephanie’s personal decision. I will always be grateful that she offered to step in and serve as President during my absence, and I am truly proud of the job she did as WWE co-leader. Stephanie has always been our company’s ultimate ambassador, and her decades of contributions have left an immeasurable impact on our brand.

Vince McMahon, Stephanie McMahon y Triple H en UFC 276
Vince McMahon, Stephanie McMahon y Triple H en UFC 276

“’I am proud to announce that Nick Khan will serve as CEO of WWE. Nick Khan’s business acumen and mastery of the media industry helped catapult our business to record revenue and profitability. Together, we look forward to working with the Board at this critical time to review our strategic alternatives and maximize value for all WWE shareholders.”

“Stephanie McMahon: ‘Words cannot express how proud I am to have helped lead what I consider to be the best company in the world and I am confident that WWE is in the perfect position to continue to deliver unparalleled creative content and generate maximum shareholder value.’

“Nick Khan: ‘Stephanie McMahon is an excellent executive and an even better person. It has been an honor to serve as Co-CEO with her. She will just continue to have hits. I am grateful to Vince McMahon and our Board of Directors for their continued support. I look forward to continuing to work closely with them and my WWE colleagues to ensure that our company can thrive as the leading powerhouse in sports entertainment for years to come.’”

Vince McMahon

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